NOT LISTED FOR SALE

1407 5th Ave E Spencer, IA 51301

Estimated Value: $159,000 - $188,000

3 Beds
1 Bath
1,374 Sq Ft
$125/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $121,000 $88 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,092/month

78 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Patio
  • Spencer Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • Bathroom on Main Level

About This Home

As of September 2019

Super cute! This cape cod home offers a lot of character as well as a 2 stall garage, large fenced in backyard, back deck and this home is located right across the street from Fairview Elementary! There are 3 bedrooms (1 non-conforming), 1 bathroom, an upstairs sitting area as well as a family room in the lower level, a bedroom on the main level and a large bedroom upstairs. Don't miss this charming home in a great location!

Last Agent to Sell the Property

Lee Marki

eXp Realty - Spirit Lake License #S66895 Listed on: 05/23/2019

eXp Realty - Spirit Lake

Last Buyer's Agent

Katie Slater

NextHome at the Lakes License #B59206

NextHome at the Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60' x 150'
  • Property is Fully Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 9636-07-207-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,842

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Attached: Yes
  • Type: Single Family Residence
  • Year Built: 1949
  • Levels: One and One Half
  • Stories: 1
  • Architectural Style: Other
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Full Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Price Per S Q F T: 88.06
  • Total Sq Ft: 1374
  • Above Grade Finished: 974
  • Fireplace: No
  • Finished Sq Ft: 1374
  • Basement Features: Finished-Partial

Exterior Features

  • Construction: Frame/Wood
  • Construction Materials: Vinyl Siding
  • Exterior Features: Deck, Driveway-Concrete, Fenced Yard-Full, Patio
  • Flood Zone: No
  • Road Frontage Type: City Street
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Type: Attached
  • Garage Size: 480 sq.ft.
  • Garage Spaces: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City
  • Electric: Breakers

Lot Info

  • Parcel Number: 9636-07-207-016
  • Estimated Acres: 0.21
  • Estimated Lot Dimensions: 60' x 150'
  • Lot Sq Ft: 9000

Rental Info

  • Furnished: No

Tax Info

  • Tax Amount: 1842
  • Tax Classification: Non-Homestead
  • Tax Year: 2018

MLS Schools

  • School District: Spencer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Sep 20, 2019
Sold by
Boyer Marshall and Jennings-Boyer Rebecca
Bought by
Lappe Jeff A and Lappe Tina M
Seller's Agent
Lee Marki
eXp Realty - Spirit Lake
Buyer's Agent
Katie Slater
NextHome at the Lakes
List Price
$129,500
Sold Price
$121,000
Premium/Discount to List
-$8,500
-6.56%
Current Estimated Value
$171,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,174
Avg. Annual Appreciation
5.64%
Original Mortgage
$114,950
Outstanding Balance
$100,480
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$70,694

Purchase Details

Closed on
Oct 13, 2017
Sold by
Kindwall Derek and Kindwall Kelsey
Bought by
Boyer Marshall and Jennings Boyer Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,191
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2011
Sold by
Doring Jason M and Rabel Chanda L
Bought by
Herrig Tyler T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,957
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lappe Jeff A $121,000 --
Boyer Marshall -- None Available
Herrig Tyler T $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lappe Jeff A $114,950
Previous Owner Boyer Marshall $119,191
Previous Owner Herrig Tyler T $87,957
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2019 09/23/19 Sold $121,000 -6.6% $88 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $129,500 -- $94 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,362 $165,770 $24,480 $141,290
2024 $2,362 $147,480 $17,140 $130,340
2023 $2,280 $147,480 $17,140 $130,340
2022 $2,118 $124,570 $17,140 $107,430
2021 $2,210 $118,490 $17,140 $101,350
2020 $2,210 $117,310 $15,300 $102,010
2019 $2,034 $110,910 $0 $0
2018 $1,842 $110,650 $0 $0
2017 $1,842 $102,290 $0 $0
2016 $1,754 $102,290 $0 $0
2015 $1,508 $89,150 $0 $0
2014 $1,508 $89,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 190771

Iowa Great Lakes Board of REALTORS®

APN: 9636-07-207-016